Malvern Road, Handsworth, Birmingham, B21

Street Guide For Malvern Road, Handsworth, Birmingham, B21

 

Malvern Road, Handsworth, Birmingham, B21 Map

Estimated Price: £92,014
Average Asking Price: £148,884
Price change in last one year: £6,201
Average Price Paid: £78,833
Average Rent Rates: £938

 

Property Prices Breakdown in Malvern Road, Handsworth, Birmingham, B21

Average Price for property in Malvern Road, Handsworth, Birmingham, B21 is around £92,014 which varies based on type of property you are interested in and ranges from £160,200 for semi-detached to around £85,521 for terraced house. Values have been changing and have risen £338 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,522 in last 6 months, £6,201 in last 1 year, £8,260 in last 2 years, £9,693 in last 3 years, £8,789 in last 4 years and £9,410 in last 5 years.

Currently average asking price of a property in Malvern Road, Handsworth, Birmingham, B21 is around £148,884 based on approximately 2 properties for sale. Same is the case with rental options based on 87 properties up for rent, average asking rent is around £938 per month.

Estimated property value in Malvern Road, Handsworth, Birmingham, B21 is £92,014. Average asking price is £148,884 while average price paid is £80,750 which is up by £6,201 and Avg. asking rent £938.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Malvern Road, Handsworth, Birmingham, B21 area. In last 1 year alone average price buyer paid is around £80,750 based on approximately 2 sales in Malvern Road, Handsworth, Birmingham, B21 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £78,833. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £78,833 for 3 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £75,900 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £114,950, £104,012 for a 2 bedroom house, £115,900 for a 3 bedroom house, £165,318 for a 4 bedroom house and £211,475 for a 5 bedroom house. For a flat the prices of 3 bedroom is £104,000. To sum up the asking prices for properties in Malvern Road, Handsworth, Birmingham, B21 it comes to around average £114,950 for 1 bedroom property, £104,012 for 2 bedroom, £115,794 for 3 bedroom, £165,318 for 4 bedroom and £211,475 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £282 for 1 bedroom to £599 for 2 bedroom, £575 for 3 bedroom and £598 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £468. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £488 and £668 for 3 bedroom. You should be generally be expecting around average £445 rent per month for single bedroom property, £574 for 2 bedroom, £586 for 3 bedroom and approximately £598 for 4 bedroom property in Malvern Road, Handsworth, Birmingham, B21 area.

Popular Houses in Malvern Road, Handsworth, Birmingham, B21

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Malvern Road, Handsworth, Birmingham, B21